Reliance Industries Lenergy td expects prices of natural gas in India to rise again in October but wants government-dictated caps to go, in a bid to align domestic rates with global energy prices
RIL did point to these recessionary fears at its investor call, saying it remained a challenge for oil companies
First sequential contraction in corporate earnings after 4 quarters of expansion
Nine of the 10 most valued firms added Rs 2.98 trn to their market valuation last week amid a bullish trend in equities, with Reliance Industries and TCS emerging as lead gainers
Public procurement by public sector undertakings (PSUs) from micro and small enterprises rose nearly 11 per cent year-on-year (YoY) to Rs 41,699 crore in the fiscal year 2020-21
"Recession fears are overtaking oil market fundamentals, resulting in lower prices and margins," Reliance's Joint Chief Financial Officer V. Srikanth said in a post-earnings call Friday
The oil-to-telecom conglomerate's gross sales for the quarter came in at Rs 2.43 trillion, up 53 per cent over the year-ago period
The standalone gross revenue of the company has grown from Rs -- crore in Q1FY22 to Rs -- in Q1FY23
CLOSING BELL: Ultratech Cement, Grasim, UPL, HDFC, HDFC Bank, Eicher Motors, and ICICI Bank were the top gainers, ralling over 2 per cent each
For Q4FY22, the consolidated gross revenue of Reliance Industries (RIL) stood at Rs 2.32 trillion, 35.1 per cent higher than the same quarter in the previous year
RIL Q1 result: Analysts expect Reliance Industries to report a strong set of numbers in Q1FY23, driven by robust oil earnings
Stocks to Watch Today: Bandhan Bank, Compton Greaves, HDFC AMC, HFCL, JSW Steel, Reliance Industries and UltraTech Cement to announce Q1 results on Friday.
Why are service prices not transparent? Is the FMCG sector coming out of the woods? Will RIL Q1 numbers spring a surprise? What is a pullback rally? All answers here
Shares of Reliance are at crossroads. The govt slashed windfall tax on fuel exports. And Singapore Gross Refining Margins are down to about $4 a barrel. This may fade RIL's abnormal profits in Q1FY23
Stock falls a day after windfall tax cut; crude refiner's results today
Unlisted firm Tata Power Renewables Energy plans to raise Rs 6,000 cr; Both Blackrock and Mubadala had invested $525 million this April for 10.5% stake
Petrol and diesel prices are down by $40-50 per barrel from month-ago levels
After UAE-based International League T20, Indian firms acquiring franchises in Cricket South Asia's new league
IRP appointed; corporate insolvency resolution process to start against the retailer
Move to benefit RIL, ONGC and Oil India